How do you get the best deal when buying a foreclosure?
Question:
Answer:
unless you have an all cash offer don't waste your time. Already lots of sharks out there that will eat you up. typically they will come in at the middle of the amount of equity is remaining. for example...
house worth 500k
owes 300k
they will offer 400k
This question is way too complex to answer here. Check out some information sites on foreclosures.
http://www.foreclosures.bz is a good place to start.
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